Gibson Energy (OTCMKTS:GBNXF) Upgraded to Hold at TD Securities

TD Securities upgraded shares of Gibson Energy (OTCMKTS:GBNXF) to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Raymond James raised Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

Gibson Energy Trading Down 1.6 %

OTCMKTS:GBNXF opened at $17.61 on Tuesday. The firm has a 50 day moving average of $17.03 and a 200 day moving average of $16.62. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 2.86. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 18.67 and a beta of 0.91.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The company had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. As a group, sell-side analysts anticipate that Gibson Energy will post 0.93 earnings per share for the current fiscal year.

Gibson Energy Company Profile

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.